OTCQX:GTBAF - Post by User
Comment by
allenbowon Nov 16, 2019 8:17pm
156 Views
Post# 30361022
RE:RE:RE:TSX disclosure standards
RE:RE:RE:TSX disclosure standardsJust a thought. I am not sure that you are wrong but not necessarily right either. Drill results good or bad are not necessarily a material change as to the prospects of the company, as the purpose of the flow through shares is to raise funds for exploration drilling in the first place. This is an ongoing process and early days. If the company releases parts of a drill program, good or bad, and not the program itself in full analysis, it could be deemed prejudicial (negatively or positively) to the take up of the company's current share issuance offered at a fixed price, which would or should be evaluated on known information already published and evaluated as to prospects at the time of issuance by the investing public, and in accordance with the material presented in the offering.
So perhaps the company has an obligation to sit on incomplete assays.(??)
It’s a good point to raise I think so If you want to play ‘stump the regulators’ for fun, as it is indeed a good point, you could call Toll Free: +1 Or IR at Great Bear for a definitive answer?
Compliance & Disclosure - Montreal, Toronto and Calgary Offices Joanne Butz
Phone: +1 403 218-2820
Fax: +1 403 234-4305
Email:
joanne.butz@tmx.com Compliance & Disclosure - Vancouver Office Mani Sanghera
Phone: +1 604 488-3124
Fax: +1 604 688-6051
Email:
mani.sanghera@tmx.com